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Cahya Mata Sarawak Maintains Operational Momentum Amid Ongoing Legal Proceedings

KUCHING, April 12 (Bernama) -- Cahya Mata Sarawak Bhd (CMS) continues to demonstrate notable improvements in operational performance despite ongoing legal proceedings, according to its group general counsel Izzam Ibrahim.

Tariffs - The Accidental State Enemy 

By M. Saraswathi

KUALA LUMPUR, April 12 (Bernama) -- By now, just about every adult and even many younger individuals has likely come across the word tariffs, whether through the news, social media, or everyday conversations since April 2.

ACE Market-Bound Fibromat Aims To Raise RM17.8 Mln From IPO

PETALING JAYA, April 11 (Bernama) -- Fibromat (M) Bhd, en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM17.8 million from its initial public offering (IPO).

ASEAN To Explore Financing Structures, Alternative Tools Including Islamic Finance For ASEAN Power Grid

KUALA LUMPUR, April 10 (Bernama) -- ASEAN member states will explore suitable financing structures and alternative tools, including Islamic finance solutions, to finance the ASEAN Power Grid (APG) projects as well as sustainable infrastructure development.

Special ASEAN Leaders' Meeting To Be Convened To Discuss Potential Disruptions To Regional Trade, Investment - Tengku Zafrul

KUALA LUMPUR, April 10 (Bernama) --  A Special ASEAN Leaders’ Meeting will be convened to discuss the en bloc’s member states’ way forward and to address and mitigate potential disruptions to regional trade, supply chain networks, and cross-border investments in the face of rising geopolitical and economic challenges

AmBank Grants RM307 Mln In Financing To Chin Hin Group For Infrastructure Projects

KUALA LUMPUR, April 10 (Bernama) -- AmBank Group has granted RM307 million in financing facilities to Chin Hin Group Bhd’s subsidiaries, Aricia Sdn Bhd and Makna Setia Sdn Bhd, to support several new property and infrastructure developments in the Klang Valley and Sabah and Sarawak.

Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

Steel Hawk Expects Sustained Strong Momentum In FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Oil and gas services provider Steel Hawk Bhd is expected to record double digit growth for its earnings and revenue in the financial year ending Dec 31, 2025 (FY2025), said executive director Datuk Sharman K. Michael.

Sub-Regional Development Will Make Southeast Asia More Economically Independent - Amir Hamzah

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 8 (Bernama) -- The development of the Brunei, Indonesia, Malaysia, Phillippines (BIMP) and East ASEAN Growth Area (EAGA) will not only benefit Sabah and Sarawak but contribute towards reinforcing Southeast Asia's economy, Finance Minister II Datuk Seri Amir Hamzah Azizan, said today.

Malaysia To Invest In Developing Its Border Areas To Promote Economic Activities - PM Anwar

KUALA LUMPUR, April 8 (Bernama) -- In an effort to strengthen ASEAN cooperation, Malaysia is committed to developing its border areas such as in the northern peninsula with Thailand, and the Sabah and Sarawak border with Kalimantan, which will promote economic activities and benefit people on both sides of the border.

ASEAN Is Durable And Time-Tested - PM Anwar

KUALA LUMPUR, April 8 (Bernama) -- ASEAN's strength lies not in drama, but in its durability having withstood wars, crises and coups over nearly six decades since the region’s establishment in 1967, and together, has what it takes to tackle Washington's move to impose debilitating tariffs that saw global markets taking a rout.

In instilling much-needed confidence for the region, Prime Minister, Datuk Seri Anwar Ibrahim said ASEAN, which Malaysia is now Chair, has always moved forward, even if it is was “only by inches, often frustratingly, but forward nonetheless."

 

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.